In order to give the right answer it is important to know whether the loan was settled or closed. Whereas settlement of a loan is when some.
Later on hdfc asked for the noc and cleared my loan.
How to get noc for car loan from hdfc bank. Hdfc bank customers can also get the noc on netbanking. Go get your noc right now. The r c book has hdfc written over it so i cannot transfer the car to my name unless i get a new valid letter from the bank.
The rto will also place a stamp indicating that the hypothecation has been removed from your vehicle. Noc from the bank if the vehicle purchase is financed via a loan an noc is required from the lending institution to certify complete repayment of the loan amount along with the payment of all dues. Hdfc bank allows you to track your loan account details online just by logging into netbanking.
See your loan summary transaction history emi status due date etc. So now i have woken up and decided to get it done but to my shock i realized that the hdfc letter clearing the car from any loan has expired. I had the same experience about 3 years back and credit card in question was issued by hsbc.
The certificate is mandatory to complete transfer vehicle ownership at a new rto in the case of a sale or for re registration at a new rto in. Application for issue of no objection certificate noc to the manager hdfc bank ltd. Closing of a loan happens when an individual completely clears the loan and does not have any balance due.
You can get the system generated loan account statement for the same simply log in to access my loan account with your username and password. Retail loan service centre sub loan a c no in the name of dear sir you are requested to issue an noc in respect of the vehicle financed under the captioned loan agreement. Visit any car loan branch of hdfc in any city with the required documents pan card aadhaar or voter card rc copy and authorization letter in case of the third party.
Hdfc bank branch at sf road siliguri wb instructed me when i approached this branch in oct 2015 noc will be sent to your email within 18 days from the date of last emi paid even after i paid my last emi at the nominated date 07 12 2015 please sent noc. Fill request form for duplicate noc submit the necessary documents in the original and self attested copy. In fact it expired after 3 months of me buying the car.
I got the noc issued by hsbc and applied for loan with hdfc while submitting the application i informed hdfc about the hsbc story. Next submit copies of the noc to the rto and the insurance company. Once the rto verifies the document they will update the rc document book or smart card with your name as the owner.